The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics

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Random House Business, 2006 - Complexity (Philosophy) - 527 pages
48 Reviews
"An Evolutionary Perspective on How The Economy Works And Its Consequences for Business and Society ver 6.4 billion people participate in a $36.5 trillion global economy designed, and overseen, by no one. How did this marvel of self-organised complexity evolve? How is wealth created within this system? And how can wealth be increased for the benefit of individuals, businesses, and society? n The Origin of Wealth, Eric D. Beinhocker argues that modern science provides a radical perspective on these age-old questions, with far-reaching implications. According to Beinhocker, wealth creation is the product of a simple but profoundly powerful evolutionary formula: differentiate, select, and amplify. In this view, the economy is a complex adaptive system' in which physical technologies, social technologies, and business designs continuously interact to create novel products, new ideas, and increasing wealth. aking readers on an entertaining journey through economic history, from the Stone Age to the modern economy, Beinhocker explores how complexity economics' provides provocative insights on issues ranging from creating adaptive organisations, to the evolutionary workings of stock

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Review: The Origin of Wealth: Evolution, Complexity, And the Radical Remaking of Economics

User Review  - Goodreads

I think this was an excellent book, laid out well to guide the reader through what traditional economics is, what's wrong with it, and a meandering but descriptive transition into what complexity ... Read full review

Review: The Origin of Wealth: Evolution, Complexity, And the Radical Remaking of Economics

User Review  - Goodreads

I didn't have the advantage of Marx's theory when I read this book, but I enjoyed it. I might like it a lot more now! Read full review

Contents

two Traditional Economics
21
thrbb A Critique
45
Complexity Economics
77
Copyright

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About the author (2006)

Eric D. Beinhocker is a Senior Advisor to McKinsey & Company.He has held research appointments at the Harvard Business School and the MIT Sloan School, been a visiting scholar at the Santa Fe Institute, and an Executive Director of the Corporate Executive Board.Fortune magazine named him a 'Business Leader of the Next Century' and his writings on business and economics have appeared in a variety of publications, including the Financial Times.

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